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Tertiary industry in Liuzhou on continued growth track
Date:2018-07-31 By:Guili Su Source:Liuzhou Daily

Since this year, Liuzhou has made great endeavors in uplifting the four multi-billion-yuan industries including modern logistics, specialized market, e-commerce and automobile, speeding up the integration of the secondary and tertiary industries, and cultivating modern service industries related to the new type of industrial chain, including finance, logistics and commercial services. According to the latest statistics, during the first half year, the added value of the tertiary industry of Liuzhou City stood at 47.006 billion yuan, an increase of 11.5% compared to the same period of last year. The tertiary industry of Liuzhou City has maintained a double-digit growth rate for 4 consecutive years. It has entered into a new level after the 100 billion yuan was achieved in added value of the tertiary industry last year.

The growth rate of the tertiary industry in Liuzhou was 3.9% above the national average and 1.3% above Guangxi’s average rate. The contribution rate of the tertiary industry to Liuzhou’s economy has amounted to 64.6%, far ahead of the primary and secondary industries.

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